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Business Management 1

TermDefinition
Authority the formally granted influence of an individual to make decisions pursue goals and obtain the resources necessary to support those decisions and goals
chain of command the flow of authority within an organization
departmentalization the way departments are defined and arranged
division of labor the process of dividing a large job into units or job tasks ad assigning an individual to do each of the tasks
divisional structure an organizational design in which the firm is broken down into units according to factors such as product process territory customer type etc.
functional structure an organizational design un which the firm is broken down into traditional departments each with its own set of responsibilities and activities (marketing , operations,sales,IT etc.)
matrix structure an organizational design that combines the traditional functional structure with the divisional structure
organizational chart
organizational structure
organizing
scalar principle
span of control
specialzation
unity of command
Created by: darrylt
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